Automation and "smart robots" are replacing human labour, changing the skills that businesses are looking for in recruits. Did you begin to consider how these technologies are going to change the future workforce?
According to the 'Global Hyperautomation Trends 2021' report published by Analytics Insight, 37% of companies believe hyperautomation speeds up or duplicates complex tasks. Have you ever wondered what it signifies and how it differs from existing technologies?
Despite recent claims that AI would soon surpass human intelligence, this idea can be disproved by analyzing what AI cannot do in comparison to natural intelligence. Our existing work process, as we know is systematic and standardized with a data-driven approach, which artificial intelligence can clearly perform more efficiently than humans. Having the technology to take up the rigorous and mundane tasks, people have a significant opportunity to rethink the fundamentals of “value creation” “meaningful work” and “work-life culture” across industries. Therefore, the potential of AI to perform automated tasks allows us to explore unique human characteristics like imagination, creativity, curiosity, morality, ethics, and emotional, cultural, and social intelligence. However, the fact that AI is growing at an electric speed also creates a lot of challenges for us to acclimatize and be ready for future transformation.
Every problem has a solution. But what if problems themselves become solutions?
This is the philosophy at the core of quantum computing; the somewhat funny rules of the quantum world has been manipulated by scientists to create technology that has limitless potential in the real world, a parallel that is one in a million. Read on to learn how.
With advances in science and technology, the transportation and communication sectors have advanced significantly, reducing the amount of time, resources, and effort expended in travel. Electric vehicles have evolved over time, with the assistance of artificial intelligence and quantum computing, to become highly efficient and optimized for people's transportation.
VR and AR are essential tools used to create visual and interactive experiences for all types of industries. COVID-19 has increased the use of digital technologies such as AR and VR for better experiences for both employees working from home and customers. As a result, augmented reality and virtual reality are gaining popularity since it helps customers sit at home and feel the products and services much more effectively and efficiently.
Robotic Process Automation (RPA) is an application of technology governed by business logic and structured inputs to automate business processes. Thanks to increased competition, dynamic market requirements, and widespread adoption of digital transformation, enterprises are banking on robotic process automation to help them get ahead. The latest forecast from Gartner Inc predicts that worldwide Robotic Process Automation software revenue will reach nearly $2 billion in 2021, and that the RPA market will grow at double-digit rates through 2024, despite the economic pressures caused by the COVID 19 pandemic.
Supply chains, the backbones of national economies, have had to change their strategies in order to stay efficient and meet the new market requirements of a post-pandemic world. They must increasingly embrace digital solutions to cope with the uncertainties, challenges, and restrictions of our times.
The supply chain ecosystem became all the more critical once the vaccines for COVID-19 were developed – it was the need of the hour to get the vaccines to the public quickly and in the right quantities. In this blog, we talk about digital solutions that can assist this endeavor, bringing resilience to the supply chain for COVID-19 vaccines.
Emerging technologies such as Artificial Intelligence, Machine Learning, Big Data Analytics & Augmented and Virtual Reality have paved the way for digital transformation in the retail industry for years to come. This article takes you through the top technologies and trends that are transforming the retail industry and helping businesses to stay afloat in the new normal of a pandemic-struck world.
Cloud computing is quickly becoming the backbone of business resilience worldwide. In this blog, we take a quick look at the different cloud service models that enterprises can consider, along with a few use cases for cloud computing across industries.